Costa Rica Customs Import Export Data

The economy of Costa Rica is stable now, with continuing growth in the GDP and moderate inflation that remained around 4% to 5% per annum for several years up to 2015 but then dropped in 2016. Costa Rica has one of the highest standards of living in Central America in spite of the high poverty level. The country has evolved from an economy that once depended solely on agriculture, to one that is more diverse, based on tourism, electronics and medical components exports, medical manufacturing and IT services. Corporate services for foreign companies employ some 3% of the workforce Of the GDP, 5.5% is generated by agriculture, 18.6% by industry and 75.9% by services (2016). Agriculture employs 12.9% of the labor force, industry 18.57%, services 69.02% (2016).

Capital City: San Jose

Currency: Costa Rican colon

Official language: Spanish

Population: 4.890.379

Natural resources: soil, wild areas, water resources and mining.

Worldwide share in import(2015):0.09

Total imports:

US$ 18.171.232.410,00

Top import Commodities: Electrical Equipment (10.21%), Vehicles Other Than Railway or Tramway (9.7%), Machinery(9.01%), Plastics (7.81%) and Mineral Fuels (7.71%).

Top import Partners: United States of America (37.3%), China (13.6%), Mexico (7%), Guatemala (2.7%) and Japan (2.7%).

Trade Organisations: WTO, OECD, NAFTA.

Top Ports: Caldera, Golfito, Golfo Dulce, Puerto Limon, Puntarenas, Quepos.

Worldwide share in export(2015): 0.06

Total exports:

US$ 8.236.305.154,00

Top export Commodities: Optical & Medical Instruments (26.2%), Edible Fruit & Nut (20.85%), Miscellaneous Edible Preparations (5.08%), Preparations of Vegetables, Fruit, Nuts or Others Parts of Plants (4.67%) and Electrical Equipment (4.4%).

Top export Partners: United States of America (41%), Netherlands (5.8%), Panama (5.7%), Belgium (5.4%) and Nicaragua (5.2%).

Trade Organisations: WTO, OECD, NAFTA.

Top Ports: Caldera, Golfito, Golfo Dulce, Puerto Limon, Puntarenas, Quepos.

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Main movements of Costa Rica